Panning for gold vs. buying gold from Goldmoney + a unicornsteemCreated with Sketch.

in blog •  7 years ago  (edited)

This post will determine once and for all whether it is faster and easier to pan for gold, or purchase it from Goldmoney.

If you think you already know the outcome of this experiment, and would like to try the new and improved onboarding, that makes it considerably easier to open a Goldmoney Holding than ever before to buy some gold, start here: https://www.goldmoney.com/w/goldmatters

Like many gold enthusiasts, I enjoy watching the show Gold Rush, on the Discovery Channel, in which amateur gold miners quickly discover just how difficult and expensive it is to get gold out of the ground.

I decided to purchase a gold panning kit branded by Gold Rush and give it a try myself to see if this process would be quicker than buying gold from Goldmoney.

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This kit contains a gold pan and some other supplies necessary to do some panning, including some pay dirt from active gold mines!

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The instructions in the kit recommend that you watch a video to learn the basics of gold panning put on by Parker Schnabel, one of the stars of Gold Rush.

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Note the Chiweenie dog standing watch. Learn more about the Goldmoney Chiweenie here: https://steemit.com/money/@goldmatters/chiweenie-dog-joins-goldmoney-t-shirt-tour

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The gold panning process requires a lot of patience, as the pan must be shaken many times and the dirt and rocks washed out. It is a methodical process that old time goldminers have been doing for a couple hundred years or so.

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While I have casually panned a few times before I would by no means consider myself an expert.

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Even the Chiweenie dog was getting bored of watching me washing rocks.

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Little by little the lighter rocks are eliminated from the pan, and the heavier black sand and gold (hopefully) sink to the bottom.

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Gold panning is a little like fishing. Patience is needed, with no guaranteed results.

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Finally after some vigorous shaking......

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Just kidding.

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BUT

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I did end up with a few flakes!!

The process took 45 minutes or so. Allowing time for some pictures :)

Lets compare to purchasing some gold using Goldmoney:

After funding my account via PayPal....

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Selected order to buy $20 USD worth of gold.

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Chose vault.

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Reviewed order.

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Placed order and received confirmation of order.

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With my extra time, I sent a friend some gold (this was from my Personal account, but gold payments can be send from a Holding as well).

This process took considerably less time than panning for gold, cost less than the $25 + I paid for the kit, I experienced no hand cramping, and I ended up with more gold.

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Next time I pan for gold, maybe Ill use my lucky gold hat! In the meantime, I will stick with the convenience of Goldmoney.

-Goldmatters

PS. As I was composing this blog, a friend sent me this picture, its just random enough to include.

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To sign up for a Goldmoney Holding start here: https://www.goldmoney.com/w/goldmatters

I am on a personal mission to spread the world about Goldmoney through any means necessary. Goldmoney allows indivuals to empower themselves by protecting their savings by owning small or large amounts gold previously inaccessible to regular people like you and me.

Read more:

https://steemit.com/money/@goldmatters/game-of-thrones-and-goldmoney

https://steemit.com/blog/@goldmatters/what-in-the-world-is-goldmoney-friday-night-at-home-goods-joe-rogan-meets-goldmoney-18k-gold-card

https://steemit.com/bitcoin/@goldmatters/buy-bitcoin-use-goldmoney-and-a-call-to-action

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As i say gold is the new gold.

I like that. I might use that later :)

Maybe you could also take a STEEM power ranger suit and let them experience goldmoney. https://steemit.com/steemfest/@rival/rival-introducing-steem-power-ranger-costume #GOLDMONEYISEVERYWHERE

Good idea:)

Let me know when STEEM Power ranger have to come to the rescue..

Yes! One day I will have a beard like that

I'm terrible at panning for gold. I've tried on numerous occasions and personally I don't think it is worth the effort. You are probably better off just buying gold with goldmoney as you said @goldmatters haha

Lol yeah im pretty bad at it too. I need more practice to be a good gold planner.... but I agree Ill just buy it from Goldmoney for reals :)

Pretty cool, i like that show too. I like when they clean out at the end and weight it up. Seems easier to order from gold money. The shot with the dog was cute too!

Thanks man! It's so satisfying watching them pour gold and count it EVERY time oz by oz. What an awesome show!

I have bought a gold bar about 2 years ago and I think that will be a good save . Welcome back to the crypto world.

Ps- THANKYOU FOR RHE HAT

Fantastic! I bet that gold bar helps you sleep at night :)

Helps me feel a little secure :) cheers 🍻

The grandfather from Parker did pan a lot pay dirt. Nice to see you bought the kit and try it yourself, including the pay dirt. I See some business in it; sell pan with paydirt for $30, and in average there is only for $2 gold in the kit. BUT; in several cases there will be more gold, maybe up to $10.000. That could make it more fun to pan.
Otherwise; just follow your instructions how to become some GOLD MONEY.

Thanks for reading about gold panning and Goldmoney! Yeah I had a lot of fun doing it really :) enjoyed the process

  ·  7 years ago (edited)

I agree with

That looks great!

I would love to be able to go out into my back yard and pan for gold!

You can! Just order a kit :)

Haha, the unicorn came out of nowhere... lol. As for gold panning, I've tried it a few times, it really takes patience and often has very little reward I think your totally doing it the right way.

Lol totally! The unicorn kinda freaks me out honestly..... i agree, buying gold through Goldmoney = much easier:)

  ·  7 years ago (edited)

I am ready for the next "goldmoney was here" contest since I missed the last one (I will reveal the secret backround city in the contest-

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Awesome! Great picture of the Goldmoney card!

It is nice to see that you bought the kit and try it yourself and had fun, but I think I will just stick with Goldmoney as my main supplier :) Keep up with spreading the word and I wish you all the best

That's what I like to hear!! Thank you for using Goldmoney :)

I like this set. I guess I'll buy it. Even the process itself is so fascinating!

Yes it is interesting! The more you learn about gold the more you realize how special of an element it really is...

the kit looks amazing but worth the effort and time :) great to see you back

Thank you ! It sure was a lot of fun:)

i saw some episode on discovery channel . are you one of them? @goldmatters

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cukup mengagumkan melihat anda melakukan penelitian antara dua benda yang berbeda...... anda hebat

I am not on the show.....yet! Thanks for reading

the most beautiful sensation in the world those nuggets after a wash

I agree! Gold is so attractive !!

Golden fever!!! @goldmatters

History shows us that the best way to store value is : Gold
thank you so much for promoting Goldmoney
RESTEEMED

Yes absolutely! Very wise words!

thank you so much i invested in gold and I never regret doing it

I'm terrible at panning for gold. I've tried on numerous occasions and personally I don't think it is worth the effort. You are probably better off just buying gold with goldmoney as you said @goldmatters haha

Yes agreed!

Quite awesome to see you do that with step by step pics nicely explained but if i had to make a choice to buy gold it would be goldmoney.com

yes I would have to agree with that sentiment!

Gold really matters to everyone so its better to buy from one and only Gold money :)

Hip hip huzzah!!

oh yeah Hip hip huzzah!!

I would love to try gold panning there has been gold found in rivers near to me it would be amazing to find a nugget! :)

Do it! Plus it gives you content to post :)

heheh that was awesome gold rush used to be my favorite it was something that i like to watch every single day and they even have a kit i was not aware of that looks pretty fun :)

It's fun! A cool way to spend some time with a potential reward at the end :)

I would be interesting to try gold panning, it would be amazing to find a something!

It IS fun! Check out one of the panning kits I mentioned.... but also check out Goldmoney :)

Ah but you forgot the fun you had panning for 45m :) Thats worth some money isn't it :D

Absolutely! I did have a lot of fun panning and blogging about it :)

And i had fun reading about it. Tnx again!

Buying from Goldmoney is a much better and excellent idea after seeing the post no doubt about that

Thanks! We are definitely on the same page!

Very Nice explanation And comparison. So you made it clear for once And for all. #GOLDMONEYISEVERYWHERE

Thanks again rival!

👍🎯

I would be interesting to try gold panning, it would be amazing to find a something! Thanks @goldmatters../////

, maybe 30 years ago they did some extra in the kit, but that price now is also a "bit"higher..

Thanks for reading :)

Funny post, I liked it! Persuasive!

But I seriously think you'd get more exposure just by random sending 5 SBDs to 25k+ SP dolphins and using all the upvote bots than burning it to promotion. I'd love to see someone prove me wrong, though.., Maybe I stard doing it too!

You could very well be right :) but promotion is good for the steemit platform and steem as you say it burns steem and reduced outstanding supply. My primary objective is exposure, of course upvotes are nice as well and appreciated !

Maybe I can help, find me in chat or discord if you want.

I <3 gold too!

That is pretty cool to find gold from the sand must be a cool activity i would love to do one day i just checked out the website pretty cool stuff there too along with great informations i was like wow for a moment :) and yeah the Chiweenie dog was so adorable

Thanks for reading! And for checking out Goldmoney :)

i totally loved the comparison purchasing gold using Goldmoney is more time saving and efficient and quality is more better :D

Thank you! Awesome comment. Of course I agree:) Ill have to think of some more comparisons in the future to post about as well. If anyone has suggestions I'm open to doing a post about it. Like " ......... vs buying Goldmoney "

Put on your golden hat and call yourself PETER PANning. fly to neverland and get some gold... Or just use goldmoney... what's your choice? #GOLDMONEYISEVERYWHERE

That Golden hat & unicorn is cool ;)
Imagine a Legendary Cowboy with golden hat on Unicorn ;)

I can picture it!

I've always fancied the idea of selling up and making my way to the gold fields of Alaska to seek my fortune. But then I think maybe, screw that, it's cold and wet and the Internet reception is crappy. Guess I'll just have to set me up am account and buy some the easy way. Loving the random unicorn by the way.

LOL! This comment is hilarious

Great article, I watch on discovery about gold digging and I'm amazed!

Great experience you had my friend, actually to find gold in Golden Nature!

Enjoy @nature.art, another kind of art!

Be gold!
Be happy!

Thanks for reading about Goldmoney vs panning for gold!

I love the comparison! LOL, I have the same plastic gold pan. I did not get a cool kit with it though. 🙂

Thanks for reading Paul!!

So the Gold Rush also make this huhh i never saw that before by the way excellent experiment you did with it haha it was fun but time consuming as you said.

Thanks for reading :)

This post is to cool! I loved how you showed the whole process and you did get something out of that hard tedious work love it! I like the gold hat wear it next time! I went planning for gold in Colorado and Dahlonega Georgia all I got was fools gold! Enjoy your evening🌺

Thank you very much :) glad you enjoyed gold panning and Goldmoney!

I just thought of another reason for Goldmoney. The International Monetary Fund (IMF) is launching a new reserve currency in January of 2018. It will be called SDR and some experts fear it will result in a sharp drop in value in some of the historical reserve currencies such as the Swiss franc, the British pound, and the US dollar. Resteemed to my 3,000 followers!!

Thanks Paul!

This was a very fun post to read and see 👌

Thank you so much for reading!

Thanks for reading!

i am thinking it is time to sell out of gold - it is so heavily short sold and manipulated that i doubt i will ever see a substantial profit

Daydreams, please check my research on this. FYI Expensive mines are producing at USD 700,-- / Oz. It's worthwhile to have buy orders ready at that price.

Hello I have doubts about if you pay for gold, it is send to your address in physical or is gold virtual sorry I have anything of experience with gold.

thanks for sharing your great article @goldmatters

Thanks for reading about gold panning and Goldmoney

@goldmatters got you a $7.95 @minnowbooster upgoat, nice!
@goldmatters got you a $7.95 @minnowbooster upgoat, nice! (Image: pixabay.com)


Want a boost? Click here to read more!

Wow

Yes I agree

Congratulations @goldmatters!
Your post was mentioned in the hit parade in the following category:

  • Comments - Ranked 6 with 90 comments

Great! Very cool

Thank you for sharing this helpful and writing, so me and the whole user steet can determine the right choice.
i lovet it @goldmatters

Thanks for reading about gold panning and Goldmoney:)

vote my comments upper @goldmatters

Thanks for reading

The process does seem pretty time worthy and as the results came out it was worth it :)

Thanks for reading about gold panning and Goldmoney :)

the kit seems to be great but not that great because it not worth the time i guess if i am correct what you say its good for an activity if you want to explore something out hahah

Yes its just for fun :)

Love that cap..so awesome for awesome someone like u..kudos to u @goldmatters.. upvoted and re-tweeted

Thank you!

U are really working hard ... 💪💪 well done .. I am impressed in what I see @goldmatters.

Thank you for reading about Goldmoney!

This post has received a 21.86 % upvote from @booster thanks to: @goldmatters.

This post has received a 46.08 % upvote from @bellyrub thanks to: @goldmatters.

Something great to experience in real but it cost more too a very cool comparison my mind is blown away and with gold money the money too matters as it cost less than the kit gold :)

Yes, thanks for reading about Goldmoney :)

Nice gold hat, and that unicorn lmaoo.

Lol! That unicorn is crazy!

nice post about cryptocurrency.

Goldmoney is not a cryptocurrency :) Though I personally have no problem with owning cryptocurrency!

Goldmoney is faster than you doing it old school? Didn't you know that when you do it old school you need to have a big giant
beard like that guy on gold rush!

Good point, Ill work on the beard, maybe that will improve my skills

I just resteemed and upvotes your every post if you wont believe you can visit my profile

Thank you for checking it out!

Very Nice explanation And comparison👍👍👍👍

Thank you so much for reading

Thank you very much for reading

you always give great explanations love it <3

Thank you! I try!

another golden day and a golden article from @goldmatters .. i was waiting for your post eagerly glad that you posted..irrespective of time and i am really inclined towards your posts....... well

Thank you so much for reading about gold panning and Goldmoney!

trust ur dog to be watching over his master while u do this process

Thanks for reading

Wow nice

Thanks!

sounds interesting but how does it measure up to steemit? is it better to buy gold money or steem to power up?

Thanks for the question! I would say its not an apples to oranges comparison but an apples to unicorns comparison. What I mean is the two have really nothing to do with each other. Gold is a natural element that has special properties and has ascended as money throughout civilization....... Steem is an amazing cryptocurrency that has many benefits and amazing things going for it on a wonderful platform. But gold and cryptocurrency are completely two different topics imo ....... so to address your questions directly, I would do both! :)

Very nice @goldmatters ...bless

Hello, my name is Nadine and I am new on steemit. Maybe you can check out my post as well and follow back. Thank you :-)
https://steemit.com/travel/@leo-tmp/elephant-nature-park-chiang-mai-my-travel-diary
I really like your post. Super interesting. Great!!!

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Yea!

nice story..!

Thank you!

what is gold money? is it a company?

@goldmatters, keep the information warm. thank you for sharing, regards from indonesia.

@bukharisulaiman

Thanks!

help me to earn dollars

wish i have those hands & keep upvoting such as this creative post!!
Thanks for sharing this

Thank you so much for reading!

East or west goldmatters is trends!

Why thank you!

The way you promote ggoldmoney is awesome and that goldmoney master card i want to order.
amazing experiment :)

Thank you very much for reading about gold panning and Goldmoney

Yea bro resteemed and upvote your

  ·  7 years ago (edited)

Sir really so nice steemit working of goldmoney, thanks for good sharing

Following for updates....

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@goldmatters

Thanks for reading about gold panning and Goldmoney

Thank you for reading about Goldmoney!

awesome

what is the price of gold today?

It depends on which currency we are talking?

This started out as a good story, until I realised that i had turned into advertisement for goldmoney.

I agree it is going to me more work and more money to pan for gold than to buy it. On the other hand, with children it could be fun to learn to pan.

It's awesome. Your post are really fantastic .

Why thank you

Well, i can see the appeal of both side...but the firs look like more fun to do!

It was fun :)

I know I probably wouldn't actually find any gold, but I think it'd be fun to go somewhere on a gold panning adventure. Maybe camping by a "known gold river" for a fun weekend in the woods. haha

totally, it IS a lot of fun